Value of retail property falls to slowest rate in nine years as vacancies and losses take their toll on landlords December 11, 2018 Fresh evidence of the woes facing high street landlords and shopping centre owners emerged today, as new data showed that the value of retail property has fallen by its largest monthly amount in nearly a decade. The value of retail property tumbled 1.9 per cent in November, marking the sector’s sharpest month-on-month drop since May [...]
London’s shared workspace market is helping women to become business leaders December 11, 2018 London's flexible office market is growing. The last 18 months have seen a huge influx of startups and scaleups moving into these spaces, which cater to people who want more than just a part-time desk in order to be productive. To learn more about the appeal of shared workspaces, we commissioned an Economic Impact Report [...]
Barber boom bucks high street struggles as demand for male hair grooming jumps November 18, 2018 A boom in barber shops is helping to revive the stricken high street, fuelled by the growing demand for hipster beards. Male hair grooming is now one of the fastest-growing retail sectors, as young men – especially workers in the City – care more than ever about the state of their face fuzz. The rise in [...]
The number of people banned from the financial services sector rose 28 per cent last year November 12, 2018 The number of individuals banned from working in the financial services sector by regulator the Financial Conduct Authority (FCA) rose 28 per cent last year, research published today shows. There were 23 people banned from working in the industry by the FCA in 2017-18, up from 18 the previous year, according to City law firm [...]
DEBATE: Channel 4 has chosen to relocate its headquarters to Leeds, but is this a sensible decision? November 2, 2018 Channel 4 has chosen to relocate its headquarters to Leeds, but is this a sensible decision? YES, says Olivia Utley, deputy editor at TheArticle. It is common knowledge that British regions are suffering from a brain drain to London. The latest analysis suggests that 30 per cent of all students will head to the capital upon [...]
British Gas owner Centrica names industry veteran Charles Berry as new chair October 31, 2018 21 Centrica, the parent company of British Gas, has appointed industry veteran Charles Berry as its next chairman. Berry is currently chairman of international engineering group Weir and will take up his new position on February, replacing Rick Haythornthwaite, who has held the role for six years and announced earlier this year that he intended [...]
Business leaders could become UK’s new ambassadors in radical plan by Jeremy Hunt October 31, 2018 Business leaders could be among a wave of new ambassadors under plans by Jeremy Hunt to open up the diplomatic service. In a speech on Wednesday, the foreign secretary is expected to say that for the first time non-civil servants could represent the UK government overseas. The creation of the 335 new diplomatic positions will [...]
It’s time to get serious about closing London’s disability employment gap October 30, 2018 It is widely acknowledged that the employment opportunities on offer in London are unmatched by any other major city in the UK. Yet for disabled people, this buoyant jobs market is all too often entirely inaccessible. The disability employment gap – the difference in the employment rate between non-disabled people and disabled people of working [...]
Former UBS trader Adoboli nears deportation as judge denies judicial review October 24, 2018 Hopes that Kweku Adoboli will be spared deportation were fading this evening after the former UBS rogue trader lost a last-ditch legal attempt to stay in the country. The 38-year-old, who was convicted on two counts of fraud in 2012 after his unauthorised trading lost the Swiss banking giant £1.8bn, was denied permission to proceed [...]
Workplace monitoring is not a scary Big Brother, but a way to protect your business October 24, 2018 Picture this: an incident occurs in your organisation and your trade secrets are exposed to competitors and the media. The ensuing scandal means senior executives resign, the share price drops, employee morale falls, and eventually jobs are put at risk. This is not the stuff of TV thrillers, but is happening with increasing regularity to organisations [...]